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$339,000

NAL Estimated Property Value

5502 Coronado Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,176 Sq Ft
price_per_sqft$163.14 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size10,625 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26309240060420000
Lot Number42
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 8 BLK 6 LT 42 INT202400236297 DD11132024 CO-DC 3092400604200 1CG30924006
Census Tract018129
Assessed Land Value$70,000
Assessed Improvement Value$255,410
Assessment Year2025

About this property

Welcome to your beautifully updated retreat in the desirable La Prada neighborhood of Garland! This charming 3-bedroom, 2-full bath home has been thoughtfully refreshed with stylish new lighting and fresh paint throughout, creating a bright and welcoming atmosphere. Imagine unwinding in your primary bathroom's luxurious garden tub after a long day, or enjoying the sleek, updated showers in both bathrooms, complete with new fixtures. For families, Garland ISD offers open enrollment, providing parents the opportunity to choose the school that best fits their children's needs and interests. Convenience is key here – you're less than 15 minutes from a variety of shopping destinations for all your needs. Plus, travel is a breeze with DFW airport just a 30-minute drive away! This delightful home is ready for you to move in and start enjoying the best of Garland living, with excellent educational options available for your family!

Investor Tools

Property Icon
$339,000
Estimated Property Value
$286,650Estimated Mortgage Balance
$52,350Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,164
$325,410
2025
$70,000
$255,410
$325,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,164
$325,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Griffin Funding Inc
Conventional
$289,600
No
First
Oct 25, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,650
$52,350
15%
85%
$1,737/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,737/mo
+$235/mo
7.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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5502 Coronado Dr | Property Details | No Agent List